{"id":2613,"date":"2022-04-27T11:40:20","date_gmt":"2022-04-27T11:40:20","guid":{"rendered":"https:\/\/phphouses.com\/blog\/?p=2613"},"modified":"2022-04-27T11:40:20","modified_gmt":"2022-04-27T11:40:20","slug":"dream-homeownership-worth-effort","status":"publish","type":"post","link":"https:\/\/phphouses.com\/blog\/dream-homeownership-worth-effort\/","title":{"rendered":"The Dream of Homeownership Is Worth the Effort"},"content":{"rendered":"<div id=\"attachment_2116\" style=\"width: 760px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-2116\" decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-2116\" src=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/10\/20211011-KCM-Share.jpeg\" alt=\"\" width=\"750\" height=\"410\" srcset=\"https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/10\/20211011-KCM-Share.jpeg 750w, https:\/\/phphouses.com\/blog\/wp-content\/uploads\/2021\/10\/20211011-KCM-Share-300x164.jpeg 300w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><p id=\"caption-attachment-2116\" class=\"wp-caption-text\">The Dream of Homeownership Is Worth the Effort<\/p><\/div>\n<p>If you\u2019re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today\u2019s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end. In fact, a <a title=\"recent survey\" href=\"https:\/\/www.bankrate.com\/mortgages\/homeownership-remains-centerpiece-of-american-dream\/#homeownership\" target=\"_blank\" rel=\"noopener noreferrer\">recent survey<\/a> from <em>Bankrate<\/em> shows homeownership is so powerful that:<\/p>\n<blockquote><p><em>\u201c<strong>Nearly three in four homeowners say they would still buy their current home if they had it to do [sic] all over again<\/strong>.\u201d <\/em><\/p><\/blockquote>\n<p>That means the results \u2013 owning a home and the <a title=\"benefits\" href=\"https:\/\/www.mykcm.com\/2022\/03\/22\/the-many-benefits-of-homeownership\/\">benefits<\/a> that come with it \u2013 outweigh the effort needed to achieve their goal. If you\u2019re a homebuyer, let that provide you with the confidence to know the work you\u2019re putting in today will pay off for years to come. Here are a few reasons to stick with your search and focus on the outcome.<\/p>\n<h4><strong>Homeownership Contributes Significantly to Your Financial Well-Being <\/strong><\/h4>\n<p>The <a title=\"National Association of Realtors\" href=\"https:\/\/magazine.realtor\/sales-and-marketing\/handouts-for-customers\/for-buyers\/7-reasons-to-own-a-home\" target=\"_blank\" rel=\"noopener noreferrer\"><em>National Association of Realtors<\/em><\/a> (NAR) lists several motivations to consider if you\u2019re thinking about <a title=\"buying a home\" href=\"https:\/\/www.mykcm.com\/2022\/03\/16\/are-you-wondering-if-this-is-the-year-to-buy-a-home\/\">buying a home<\/a>. One of the top financial reasons is the <a title=\"equity\" href=\"https:\/\/www.mykcm.com\/2022\/03\/21\/the-average-homeowner-gained-more-than-55k-in-equity-over-the-past-year\/\">equity<\/a> you build. As NAR says:<\/p>\n<blockquote><p><em>\u201cMoney paid for rent is money that you\u2019ll never see again, but mortgage payments let you build equity . . . <strong>Building equity in your home is a ready-made savings plan.\u201d<\/strong><\/em><\/p><\/blockquote>\n<p>Your equity is a powerful tool you can <a title=\"leverage\" href=\"https:\/\/www.mykcm.com\/2021\/11\/22\/4-ways-homeowners-can-use-their-equity\/\">leverage<\/a> in a number of ways. And with recent home <a title=\"price appreciation\" href=\"https:\/\/www.mykcm.com\/2022\/04\/07\/the-future-of-home-price-appreciation-and-what-it-means-for-you\/\">price appreciation<\/a>, homeowners are seeing record levels of equity today. That may be one reason why so many people view owning a home as a <a title=\"great investment\" href=\"https:\/\/www.mykcm.com\/2022\/02\/21\/real-estate-voted-the-best-investment-eight-years-in-a-row\/\">great investment<\/a> and a top indicator of <a title=\"financial well-being\" href=\"https:\/\/www.mykcm.com\/2022\/03\/28\/a-key-to-building-wealth-is-homeownership\/\">financial well-being<\/a>. As the survey from <em>Bankrate<\/em> mentioned above shows:<\/p>\n<blockquote><p><em>\u201c. . . <strong>Americans place a higher value on homeownership than on any other indicator of economic stability<\/strong>, . . .\u201d<\/em><\/p><\/blockquote>\n<p>Owning a home ranks above other major accomplishments like retirement, having a successful career, and getting a college degree. <strong>That indicates just how impactful the financial benefits of homeownership truly are.<\/strong><\/p>\n<h4><strong>The Emotional Benefits of Owning a Home Are Powerful<\/strong><\/h4>\n<p>Of course, <a title=\"homeownership\" href=\"https:\/\/www.mykcm.com\/2022\/02\/14\/are-you-ready-to-fall-in-love-with-homeownership\/\">homeownership<\/a> is more than an investment. In their list of top reasons to buy a home, NAR also highlights some of the powerful, <a title=\"non-financial\" href=\"https:\/\/www.mykcm.com\/2022\/02\/01\/why-a-move-could-bring-you-more-happiness-this-year\/\">non-financial<\/a> aspects of homeownership. Among them is the opportunity to customize your home to reflect your personality and needs. As they say:<\/p>\n<p><em>\u201cThe home is yours. You can decorate any way you want and choose the types of upgrades and new amenities that appeal to your lifestyle.\u201d<\/em><\/p>\n<p>Another benefit homeowners enjoy is the stability it provides. Homeowners typically stay put longer than renters. According to NAR, when you remain in one place longer than a few years, you can grow closer to your community. And that can enhance your sense of pride and lead to better relationships.<\/p>\n<h4><strong>What Does That Mean for You?<\/strong><\/h4>\n<p>The benefits of homeownership are powerful, as Leslie Rouda Smith, President of NAR, <a title=\"says\" href=\"https:\/\/www.nar.realtor\/newsroom\/nar-report-shows-share-of-millennial-home-buyers-continues-to-rise\" target=\"_blank\" rel=\"noopener noreferrer\">says<\/a>:<\/p>\n<p><em>\u201cFrom building personal wealth and fostering communities, to strengthening social stability and driving the national economy, <strong>the value of homeownership is indisputable.\u201d<\/strong><\/em><\/p>\n<p>Even if you face challenges in today\u2019s market, the payoff when you succeed and purchase a home will be worth it.<\/p>\n<h3><strong>Bottom Line<\/strong><\/h3>\n<p>If you\u2019re planning to buy a home this year, there are incredible benefits waiting for you at the end of your journey. Let\u2019s connect to discuss everything homeownership has to offer.<\/p>\n<p><strong>Contact us:<\/strong><br \/>\nPHP Houses<br \/>\n142 W Lakeview Ave<br \/>\nUnit 1030<br \/>\nLake Mary, FL 32746<br \/>\nPh:\u00a0<span id=\"gc-number-1\" class=\"gc-cs-link\" title=\"Call with Google Voice\">(407) 519-0719<\/span><br \/>\nFax:\u00a0<span id=\"gc-number-2\" class=\"gc-cs-link\" title=\"Call with Google Voice\">(407) 205-1951<\/span><br \/>\nemail:\u00a0info@phphouses.com<\/p>\n<p><strong>Let\u2019s Connect:<\/strong><br \/>\n<a href=\"https:\/\/www.facebook.com\/WeBuyHousesCentralFlorida\/\">Facebook<\/a><br \/>\n<a href=\"https:\/\/www.linkedin.com\/in\/walter-diloreto-25403710\/\">Linkedin<\/a><br \/>\n<a href=\"https:\/\/twitter.com\/WalterDiLoreto\">Twitter<\/a><br \/>\n<a href=\"https:\/\/www.instagram.com\/wdiloreto\/\">Instagram<\/a><\/p>\n<h5><em>The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. The author does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. The author will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.<\/em><\/h5>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Homebuyers face challenges in any market, and today\u2019s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end. <a class=\"continue\" href=\"https:\/\/phphouses.com\/blog\/dream-homeownership-worth-effort\/\">Finish Reading<span> The Dream of Homeownership Is Worth the Effort<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[69],"tags":[59,38,15,50,414,129,110,10,18,16,27,91,128,57,86,52,67,208,32,203,25,176,49,42,23,367,63,20,48,28,47,19,17],"_links":{"self":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2613"}],"collection":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/comments?post=2613"}],"version-history":[{"count":1,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2613\/revisions"}],"predecessor-version":[{"id":2614,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/posts\/2613\/revisions\/2614"}],"wp:attachment":[{"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/media?parent=2613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/categories?post=2613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phphouses.com\/blog\/wp-json\/wp\/v2\/tags?post=2613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}